Can Chase foreclose on me after approving loan modification day before foreclosure?

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I was called by Chase the day before my foreclosure sale date, and they processed and approved a loan modification. However, it seems that the specialist didn’t send and notify a request to have the foreclosure stopped after approving my loan modification; thus, the loan modification and foreclosure happened in conjuncture. The loan ended up being sold back to Chase. Now, they are saying that they can reverse the foreclosure, but they say the foreclosure has already happened. Sometimes when I call Chase, they tell me it is all over and nothing can be done. Then, I’ll call right back and talk to another specialist who says that it can be reversed since they made the mistake. They have sent me the trial plan package application, which I sent back with my first month’s modified mortgage payment in September. They not only took and processed that payment, they also took and processed October (this month) payment as well. Yet, the attorney’s office who was appointed by Chase and who is in charge of my foreclosure/eviction says that they have no record of a loan modification and the foreclosure sale is to take place next month. In other words, the left hand doesn’t know what the right hand is doing – the left hand doesn’t even know what IT is doing. So what do I do now?

  1. Reply
    Jon F
    April 29, 2011 at 11:40 pm

    Fax their attny a copy of the mod and receipts, along with the case number. Follow up with a call. They may be dismissive since they are close to getting paid on their work if it goes to auction. Get a lawyer to file a motion to stop the foreclosure. Call Legal Aid if you need to .

  2. Reply
    April 29, 2011 at 11:45 pm

    I think you need to become a process server, in effect, and hand deliver copies of the loan modification documents to the shyster.
    get a receipt. or hire a registered process server to deliver for you.
    what ever it takes to prove the scumbags got the documents.
    sue their asses if they “lose” everything (again) and cause you further damage.

    maybe someone else a better idea.

  3. Reply
    Janet P
    April 30, 2011 at 12:06 am

    Your mortgage isnot modified until you have returned the signed modification package to the bank. Send the attorney a copy of the modification and your certified mail receipt. He can track whos desk it landed on.

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